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BTC / Market Update !BTC / USDT Hello guys Sorry for the inactivity last 3 weeks BTC didnt make any significant move all this period it was a very calm market As you can see Price still respect the key levels in high time frame since my old idea We can see in my new chart a very clear falling wedge pattern, most likely it will breakout soon …the possible short term targets :27700$ - 28500$ - 29500$ - 31000$ Altcoins Market : Dominance of BTC is breaking out as shown in picture below ,So Theres no any benefits for new entry in altcoins as long as Dominance is like that We can make a new entry only if it turned to be a fakeout and strong rejection takes place unless that happen the waiting is the best thing we can do here for altcoins ) Don’t forget to support this idea by likes/rockets Share your thoughts in comments section below ⬇️
by Babenski
50
BTC LONG TERM Hello, Today, we want to provide you with an analysis of the current Bitcoin chart, highlighting the significant levels to watch and potential trading strategies. Bitcoin is currently hovering around a historically crucial resistance level. While it may not be the ideal time to enter a long position, there could be opportunities to take short positions with manageable risks. The region we are currently in started to be regarded as a resistance level after losing it on July 12, 2022. Bitcoin attempted to reclaim this level on April 10, 2023, but experienced a retracement within approximately one week, falling back to around $24,000. Now, we find ourselves back in this level. Bitcoin, which has been accumulating for a prolonged period and facing negative news sentiment, seems poised to surpass this level. If Bitcoin manages to break above the S/R Flip level and the levels we anticipate (as indicated by the red lines on the chart), it would signal a bullish momentum shift. However, in case of a retracement, we will closely monitor the lower boundary of the ascending channel within which the price is currently moving. As the price action unfolds, we will continue updating the chart accordingly. Wishing you profitable trades! Best regards, CryptoSignalAPP
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by CryptoSignalAPP
Will Bitcoin momentum continue as RSI is overbought?As you may already know, Bitcoin has been on a steady climb since the beginning of the year, and it shows no signs of slowing down. I'm thrilled to report that Bitcoin's Relative Strength Index (RSI) is currently over 70, which is a strong indicator of an overbought market. The Simple Moving Average (SMA) 50 is also greater than SMA 20, which is another bullish signal. What does this mean for you? It means that Bitcoin could continue to climb to new heights, potentially reaching $32000 or higher. This is an incredible opportunity for traders to capitalize on the market's upward momentum and potentially make some serious gains. So, I encourage you to consider the potential of Bitcoin's current market conditions and to make informed decisions about your trading strategy. Don't miss out on this exciting opportunity to potentially profit from Bitcoin's continued growth.
BITSTAMP:BTCUSDLong
by bryandowningqln
BTCUSDTBTCUSDT Thoughts At the moment, there is a fading on the chart after the March impulse. A local resistance zone has formed and the price is gradually declining towards support. Trying to guess where the course will go now is like playing roulette. An upward trend can only be considered after the red resistance line has been broken. Before that, there can be no talk of a global long. In case of a decline, you can look for rebound zones near the red lines at $24,370 and $23,650. At the moment we are sitting without large positions in anticipation of a reaction on the chart. There is no need to rush now. Our task is not only to earn, but also not to lose. If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
BTC Breakout Alert! Blackrock ETF Speculation Sparks Bullish RSIThere is some exciting news to share with you today. Bitcoin has broken out of its recent range and shows bullish solid momentum. This is due to the speculation of Blackrock ETF, which has caused the RSI and MACD to turn bullish. As you know, Blackrock is one of the world's largest asset managers, and if they launch a Bitcoin ETF could be a game-changer for the cryptocurrency market. This news has already caused a surge in Bitcoin's price, and the momentum will continue. If you haven't invested in Bitcoin, now is the time to consider it. The market shows bullish solid signals, and the potential for significant gains is high. Bitcoin has proven to be a resilient asset, and with the backing of a company like Blackrock, it could soar to new heights. So, what are you waiting for? Don't miss out on this opportunity to invest in Bitcoin. The time is now with the Blackrock ETF speculation and bullish RSI and MACD.
BITSTAMP:BTCUSDLong
by bryandowningqln
BTC almost ready for the next pumpHi traders! A lot of FUD around Binance and the market is bleeding. Altcoins are dropping hard which makes the sentiment even more negative overall. We can see that 'BTC 10k' scenario has been brought to life again and many traders became ultra bearish. Many traders and investors refuse to accummulate crypto now as they believe that it will go much lower. The fear that was injected into the market makes people believe that whole crypto industry can be destroyed here and now, and crypto people forget that we saw this sentiment before and crypto always recovers. What we expect is a little bit more sideways action on Bitcoin before the next bigger move. Buy zone: 25300 $ - 24200 $ Sell zone: 31500 $ -32200 $ Altcoins may drop a bit more but we believe that it's a right time to DCA into altcoins too. Do you agree? Share your opinion!
BITSTAMP:BTCUSDLong
by vf_investment
9
Bitcoin Breaks Out of Its Ichimoku Cloud - Time to Trade BTC!Are you ready for some exciting news? Bitcoin has broken out of its Ichimoku cloud and is moving towards $29,000! This clearly indicates that the bulls are in control and the cryptocurrency is on a bullish trend. As a result, it's time to consider trading BTC. Bitcoin has been on a rollercoaster ride this year, fluctuating wildly. But with this recent breakout, we believe the cryptocurrency is on its way to new heights. The Ichimoku cloud is a powerful technical indicator that shows the trend of an asset, and when Bitcoin breaks out of it, it's a strong signal to buy. If you're not already trading BTC, now is the time to start. Don't miss out on this opportunity to profit from the cryptocurrency market. Bitcoin is the most popular and widely traded cryptocurrency, showing no signs of slowing down. With its strong fundamentals and growing adoption, we believe that Bitcoin is the future of money. In conclusion, Bitcoin is breaking out of its Ichimoku cloud and heading towards $29,000.
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin approaches next resistance level as price drive upAs you may already know, Bitcoin has been on a steady upward trend in recent weeks, and it looks like the next major resistance is near the $27,500 level. This is a significant milestone for Bitcoin, and a close above this resistance might spark bullish moves in the near term. Furthermore, Bitcoin has already broken through the Fibonacci .23 level, which is a positive sign for investors. This means that the next major resistance at $27,500 is within reach, and it could be a great opportunity for you to add to your positions. I encourage you to take advantage of this opportunity and consider adding to your Bitcoin positions. With the market looking bullish and the next major resistance within reach, now is the time to act. Thank you for your time, and I wish you all the best in your Bitcoin investments.
BITSTAMP:BTCUSDLong
by bryandowningqln
50d 200d Moving Cross just happened for BitcoinAs you might have noticed, Bitcoin has had a popular 50d 200d moving average cross, establishing a new support level. This strongly indicates that the market trend is moving upward, and it's an excellent opportunity for traders to consider positions. Additionally, the RSI is at an optimal time for entry, meaning it's a great time to buy Bitcoin. With the combination of the moving average cross and the RSI, we can confidently say that the market is in an excellent position for traders to make a profit. As a fellow trader, I encourage you to consider taking a position in Bitcoin. The market trend looks favorable, and it's an excellent opportunity to profit. Don't miss out on this chance to increase your trading portfolio.
BITSTAMP:BTCUSDLong
by bryandowningqln
1
BTC momentum builds as it goes beyond 27000 targetToday, the Relative Strength Index (RSI) for Bitcoin is at a healthy 53.7, indicating that the cryptocurrency is in a strong position to continue its upward trend. Bitcoin is already strengthening and moving towards rising Fibonacci levels, breaking through its target of $26303 and heading towards its upper next level of the target at $27037. This is fantastic news for those of you who are interested in short-term investing in Bitcoin. With the cryptocurrency showing such promising signs of growth, now is the perfect time to consider taking advantage of this opportunity. So, if you're a Bitcoin Maxi Trader looking to make some quick gains, I encourage you to take a closer look at Bitcoin and consider investing in it today. Thank you for your time and attention, and I hope you have a wonderful day!
BITSTAMP:BTCUSDLong
by bryandowningqln
Potential Bitcoin Price IncreaseI wanted to bring to your attention a potential increase in Bitcoin's price. Currently, the relative strength index (RSI) of 14 days is hovering around a ceiling of its own at 50.00. As of now, the index is tracking at 49, and BTC is attempting to break into the $26,000 mark. If the bulls manage to move beyond the obstacle on the RSI, there is a strong chance that the price will climb past $26,300 with relative ease. This could be a great opportunity for those interested in investing in Bitcoin. Please let me know if you have any questions in your comments.
BITSTAMP:BTCUSDLong
by bryandowningqln
Could BTC double market dominance according to Michael Saylor?For those who may not know, Michael Saylor of MicroStrategy, a business intelligence company, recently made headlines for investing over $1 billion into Bitcoin. He's been a vocal supporter of Bitcoin for years and has even written a book about the topic. So, what did Michael Saylor say that has us so excited? In a recent interview, he stated that he believes: "Stablecoins, crypto derivatives, and tokens will become less popular, according to Saylor, who claims that Bitcoin is the only widely accepted digital good that regulators are prepared to accept. His prediction is based on the idea that as regulators tighten their control over the cryptocurrency market, many crypto-assets will either be outlawed or lose their relevance, leaving Bitcoin to command attention." cryptonewmedia.press/heres-why-bitcoin-will-double-its-market-share-according-to-michael-saylor This is incredible news for those of us who have already invested in Bitcoin, but it's also a call to action for those who haven't yet. If you're on the fence about investing in Bitcoin long-term, now is the time to consider it seriously. Of course, as with any investment, there are risks involved. But with Bitcoin's track record of growth and adoption and the support of industry leaders like Michael Saylor, the potential rewards far outweigh the risks. So, let's take this opportunity to celebrate Bitcoin's success and look forward to an even brighter future. And if you haven't already, consider investing in Bitcoin long term.
BITSTAMP:BTCUSDLong
by bryandowningqln
2
BTC broke through 50 day moving average for continue drive up I wanted to bring to your attention the recent Bitcoin (BTC) movement after today's inflation report in the United States. BTC has moved back above the $26,000 level, following a low of $25,686.04 at the beginning of the week. Today, BTC/USD reached of $25800. It is worth noting that the 50-day moving average will need to shift course and divert away from its current downward path in order to maintain this positive trend. The current price has been achieved. I thought this information may be of interest to you and wanted to keep you informed.
BITSTAMP:BTCUSDLong
by bryandowningqln